For businesses looking to expand their operations, outsourcing human resources can be a good way to manage the influx of job applicants that abound in light of high unemployment.
According to data from the U.S. Bureau of Labor Statistics, the number of job openings in June was nearly unchanged from May, at 3.1 million. Overall, this figure has been relatively flat since February.
The hiring rate for June also remained constant at 3.1 percent for all nonfarm positions. However, some industries, such as construction, information, accommodation and food services, experienced increases in hiring. Yet, the financial and insurance sectors continued to decline.
"Over the 12 months ending in June, not seasonally adjusted data totaled 47.7 million hires and 46.7 million separations, yielding a net employment gain of 1.0 million," the agency explained in a statement. "These figures include workers who may have been hired and separated more than once during the year."
Currently, the national unemployment rate stands at 9.1 percent – a slight dip from the previous month's 9.2 percent.